Cost Indexes can be used to show the relative cost change of a specific type of item over time: Ct - Colle/lo) In 2002 the M&S Equipment Cost Index was 1104.2. In 2011 the same index increased to 1490.2. Question: If I paid $10,000 for a piece of equipment covered by the M&S Equipment Cost Index in 2002, who much would have I expected to pay for the same equipment in 2011? Previous Next 2